Taking Stock of the Supreme Court’s Halliburton Ruling

Plaintiffs’ securities lawyers dodged a bullet on Monday when the Supreme Court gave companies more leeway to fend off lawsuits before trial, but preserved a legal precedent undergirding investor class actions for more than two decades.

How will the Supreme Court securities ruling change the class-action landscape? And who will prove to be the ultimate winners? Answers to these questions may not be known for some time, but securities attorneys and scholars are offering their best guesses.